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Sign in Sign up for a FREE subscriptionTownsend Balanced Real Estate Fund surpasses $200m
The Townsend Group has raised more than $200.8 million for its core-plus real estate fund, Townsend Balanced Real Estate Fund.
IREI understands the open-end fund-of-funds investment vehicle was previously named Core Plus Real Estate Fund Q and was launched in 2006. The vehicle was designed to invest in multiple private equity real estate funds.
According to a recent filing with the SEC, the fund attracted equity commitments from 188 investors.